Now let's connect the rise with what's happening with Stripe and stablecoins:
1. Stripe News:
Stripe's announcement of support for accounts in stablecoins (especially USDC) means that millions of merchants and developers now have a direct way to receive digital payments, without the need for traditional banks. This generates:
Increased demand for stablecoins.
New liquidity flows entering the crypto market.
2. Where did the liquidity go?
Part of the liquidity went directly to buying ETH, as Ethereum is the primary blockchain relied upon by many USDC and USDT transactions.
That's why we saw a price explosion above the averages and strongly, with clear technical support as in your chart.
3. Liquidity Indicator (Volume):
Notice in your chart, the trading volume exploded upwards in conjunction with the news, and this indicates that institutions and funds have started buying, not just small speculators.
4. High RSI = Fast Liquidity:
Overbought (RSI above 80) reflects a rapid influx of liquidity, usually resulting from strong news or institutional inflow as happened with Stripe's decision.
Summary of the dual reading:
Technically: the trend is upward, but overbought.
News-wise: the new liquidity that entered due to the Stripe news may push the price slightly higher before a minor correction occurs to absorb the movement.
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The smart trader's opportunity now:
You can monitor the levels of $1950 — if they are broken and liquidity continues, it means that the flows are still strong (new target above $2000).
